DHAKA, May 16, 2023 (BSS) - Nagad, the mobile financial service provider of Bangladesh Postal Department, has been entrusted with the responsibility of disbursing training allowances among 7,200 trainee women under the Jatiyo Mohila Sangstha Sewing and Embroidery Training Project.

The project is being implemented under the Ministry of Women and Children Affairs. 

To this end, a tripartite agreement was signed recently among the Jatiyo Mohila Sangstha, the Directorate of Posts and Nagad Limited at the office of Jatiyo Mohila Sangstha in the capital.

Additional secretary Abeda Akhter, executive director of Jatiyo Mohila Sangstha, deputy secretary Syeda Meherun Nessa Kabir, director of Jatiyo Mohila Sangstha and Md Shafayet Alam, executive director of Nagad Limited, signed the agreement on behalf of their respective sides, said a press release. 

Mohammad Monirul Islam, general manager of Nagad, along with other high officials from both the organisations were also present during the signing ceremony.

Under the initiative, a remuneration of Taka 100 will be given to a trainee for each day. The number of trainees from 30 upazilas of 50 districts stands at 7,200. Each of them will receive 80 days of allowance amounting to Taka 8,000 in three installments in their Nagad wallets.

They will also be given cash-out charges, enabling them to withdraw the money from their nearest "Uddokta" points without any cost. 

Speaking at the signing ceremony, Md Shafayet Alam, executive director of Nagad Limited said, "Nagad has been disbursing government social safety allowances, stipends, and various cash aid among beneficiaries since its inception. In this case, we are unwavering in our commitment to maintain openness."

"We believe the Ministry of Women and Children Affairs has entrusted us with the job of allowance disbursement because of Nagad's tremendous successes in disbursing all types of allowances in a transparent way," Shafayet added.
 
Presently, Nagad disburses 100 percent of primary education stipends and 75 percent of social safety net allowances, such as old age allowance, widow allowance, Bede Community Development allowance, transgender community development allowance, Tea Garden workers' living standard allowance, backward community Development allowance, disabled allowance, and others. 

Besides, stipends under the Prime Minister's Educational Assistance Trust are also disbursed through Nagad.